China's Zhipu AI Raises $137 Million
China's Zhipu AI Raises $137 Million as State Funds Bet on AI Race
Chinese artificial intelligence startup Zhipu AI has raised more than 1 billion yuan ($137.22 million) in fresh funding, months after securing a 3 billion yuan investment. The funding round comes amid intensifying competition in China's AI sector,
Wan 2.1, which boasts performance that rivals other leading offerings, is among a series of new models developed by Alibaba.
Improvements in E-Commerce Business Although China’s retail market has been mixed in recent quarters due to uncertain ...
Alibaba shares are up 70% this year to date on the boost from DeepSeek and its AI partnership with Apple for iPhones in China ...
The technique caught widespread attention after China’s DeepSeek used it to build powerful and efficient AI models based on ...
Chinese e-commerce leader Alibaba said on Wednesday its video- and image-generating artificial intelligence model Wan 2.1 is ...
The group said its Alibaba Cloud unit has recorded triple-digit AI-related product revenue growth for six consecutive ...
With the stock still inexpensive and a turnaround taking hold, Alibaba remains an attractive investment. The company is ...
Alibaba said the total investment amount exceeds the company's spending in AI and cloud computing over the past decade.
For the three months ended Dec. 31, the Chinese tech giant's revenue jumped 8 percent year-over-year to 280.1 billion ...
Chinese giant Alibaba released Wan 2.1 and made it open-source: It's a text-to-video AI service similar to OpenAI's Sora.
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